With the advent of technology the market dynamics has witnessed a paradigm shift with meteoric rise in focus on technology. In modern world’s business proposition, technology, cyber security and digital services all play pivotal roles to make a tectonic shift in the strategically aspect of an organization. There are many outsourcing or advisory options that an organization can look for to transfer the complex issues to be handled by experts and visionaries in the specific field. Here top five prominent organizations have been compared in the aspects of cyber security and digital strategy to understand their unique value proposition, areas of expertise and efficacy in the specified domains.
Comparative Analogy:
The five companies that have been taken here for comparison are the top-notch in their respective field and renowned worldwide for their premium service quality. The comparative analogy is mentioned below for further research and analysis:
Company
|
Accenture
|
McKinsey & Company
|
KPMG
|
PWC
|
Deloitte Consulting
|
Types of Services Provided
|
New IT Innovation
|
Data Analytics
|
Audit and Assurance Services
|
Audit and Assurance Services
|
Audit and Assurance Services
|
Artificial Intelligence
|
Business Operation Services
|
Tax Consultation
|
Tax Consultation
|
Tax Consultation
| |
Application Services
|
Risk Modelling and Analysis
|
Management and Risk Consultation
|
Legal Services
|
Growth Enterprise Services
| |
Business Process Services
|
Digital Strategy
|
IT Advisory Services
|
Family Business Services
|
Merger and Acquisition Services
| |
Cyber Security
|
Business Operation & Associated Risk Analysis
|
Cyber Security Consultation
|
Risk and Compliance Analysis
|
Cyber Risk Services
| |
Cloud Services
|
Digital Strategy
|
Strategic Consultation
|
Strategic Consultation
|
Strategic Consultation
| |
Analytics and Big Data Services
|
Strategy and Corporate Finance Consultation
|
Business Deal related Consultation
|
Business Deal related Consultation
|
Business Deal related Consultation
| |
Blockchain Consultation
(Accenture, 2017, p. 1).
|
Marketing and Sales Consultation (Mckinsey, 2017, p. 1).
|
Financial Risk and Crisis Management (Kpmg, 2017, p. 1).
|
Financial Risk and Crisis Management
(Pwc, 2017, p. 1).
|
Financial Risk and Crisis Management
(Deloitte, 2017, p. 1).
|
Reflection:
After going through the aforementioned organizations’ profile, it can be seen that out of 5 organization 3 are from the same category named ‘Big Four’ where they have extensive expertise in Financial and Taxation domain rather than much into technical domain (BIG 4, 2017). McKinsey is a management consulting company where they are famous for strategic consultation to business organizations. On the other hand Accenture is an IT services and Consulting Company who has got extensive expertise in IT services as well as business domain. As an IT manager, I would definitely go for the technical expertise of the vendors and their relevant experience in business processes as well, in this regard, Accenture will certainly top my list as the preferred vendor for their all rounding expertise and technological prowess (Personal Communication, 2017).
References:
Accenture. (2017). We're applying IT right now. Retrieved from,
Big 4 Accounting Firms Ranking (2017 Edition) (Who is Number One??). Retrieved from,
https://big4accountingfirms.com/big-4-accounting-firms-ranking/
Deloitte. (2017). Convergence: Seeking opportunity in disruption. Retrieved from,
Kpmg. (2017). Retrived from,
Mckinsey. (2017). Becoming CEO. Retrieved from,
Pwc. (2017). Doing Business in Asia pacific. Retrieved from,